WMG Earnings Date: Nov 19, 2026 (Estimated) — Warner Music Group Corp.
NASDAQ · Communication Services · Entertainment
Updated
When is WMG's next earnings date?
Warner Music Group Corp. (WMG) is expected to report Q4 2026 earnings on Thursday, November 19, 2026 at 7:00 AM ET (before market open); the date is an estimate and has not been confirmed by the company. The consensus estimate is EPS of $0.36 on revenue of $1.91B.
How did WMG do in its last earnings report?
In its most recent report on Aug 5, 2026 (Q3 2026), Warner Music Group Corp. posted EPS of $0.51 versus the $0.34 estimate, a beat of 30.8%. Revenue was $1.86B against a $1.81B estimate. The stock's 1-day post-earnings move was +1.7%.
How much does WMG stock move after earnings?
WMG beat EPS estimates in 3 of its last 8 reported quarters. Over the last 8 reports the stock moved an average of 4.4% (up or down) in the day after earnings.
About Warner Music Group Corp.
Warner Music Group Corp. (WMG), established in 1929 and based in New York City, functions as a prominent global entertainment enterprise primarily focused on music. Its operations span the United States, the United Kingdom, Germany, and numerous other international markets. The company's activities are organized into two distinct divisions: Recorded Music and Music Publishing. The Recorded Music division is dedicated to identifying and cultivating emerging musical talent. It handles the subsequent marketing, promotional campaigns, distribution logistics, sales, and licensing of the recordings produced by these artists. This segment also actively markets its vast catalog of existing music, issuing compilations, re-releases of classic tracks and videos, and previously unreleased material. Its operations are chiefly conducted through a diverse portfolio of renowned record labels, including but not limited to Warner Records, Atlantic Records, Asylum, Big Beat, Canvasback, East West, Erato, FFRR, Fueled by Ramen, Nonesuch, Parlophone, Reprise, Roadrunner, Sire, Spinnin' Records, Warner Classics, and Warner Music Nashville. Music and video products are distributed and sold by this division to a wide array of channels, encompassing direct retailers, wholesale distributors, independent labels, various distribution centers and joint ventures, physical retail locations, online stores, streaming platforms, and digital download services. The Music Publishing division is responsible for owning and acquiring the intellectual property rights to approximately one million musical compositions. This extensive collection includes iconic pop hits, American classics, folk melodies, and scores for motion pictures and theatrical productions. Its comprehensive catalog represents the work of roughly 100,000 songwriters and composers, covering an expansive spectrum of musical styles such as pop, rock, jazz, classical, country, R&B, hip-hop, rap, reggae, Latin, folk, blues, symphonic, soul, Broadway, electronic, alternative, and gospel. Furthermore, this segment provides administrative services for the musical scores and soundtracks associated with various external television and film production companies and studios.
Earnings History
| Date | Period | EPS Est. | EPS Act. | Surprise | Revenue | Result | 1D Δ | 1W Δ | 1M Δ |
|---|---|---|---|---|---|---|---|---|---|
| 2026-08-05 | Q3 2026 | 0.34 | 0.51 | +30.77% | $1.86B | ✅ Beat | +1.70% | -4.65% | +14.49% |
| 2026-05-07 | Q2 2026 | 0.30 | 0.35 | +16.67% | $1.73B | ✅ Beat | +7.47% | +5.71% | -2.77% |
| 2026-02-05 | Q1 2026 | 0.40 | 0.33 | -17.50% | $1.84B | ❌ Miss | +3.04% | +1.27% | -1.77% |
| 2025-11-20 | Q4 2025 | 0.34 | 0.21 | -38.24% | $1.87B | ❌ Miss | -2.67% | -8.19% | -3.78% |
| 2025-08-07 | Q3 2025 | 0.28 | -0.03 | -110.71% | $1.69B | ❌ Miss | +3.68% | +6.80% | +9.45% |
| 2025-05-08 | Q2 2025 | 0.28 | 0.07 | -75.00% | $1.48B | ❌ Miss | -7.94% | -9.43% | -11.77% |
| 2025-02-06 | Q1 2025 | 0.33 | 0.45 | +36.36% | $1.67B | ✅ Beat | -1.07% | +8.01% | +7.68% |
| 2024-11-21 | Q4 2024 | 0.31 | 0.08 | -74.19% | $1.63B | ❌ Miss | -7.38% | -4.65% | -7.45% |
Showing last 8 quarters.
Revenue by segment & region
By segment
Q3 FY26 · $1.86B total
| Segment | Share | Revenue | YoY | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 |
|---|---|---|---|---|---|---|---|
| Recorded Music | 79.8% | $1.49B | +9.9% | $1.34B | $1.18B | $1.35B | $1.53B |
| Music Publishing | 20.2% | $377.0M | +12.2% | $323.0M | $310.0M | $336.0M | $337.0M |
By region
FY2025 · $6.71B total · annual
| Segment | Share | Revenue | YoY | FY2019 | FY2020 | FY2021 | FY2022 |
|---|---|---|---|---|---|---|---|
| UNITED STATES | 42.9% | $2.87B | +0.1% | $1.96B | $1.93B | $2.36B | $2.74B |
| All Other Countries | 36.7% | $2.46B | +8.5% | $1.92B | $1.98B | $1.66B | $1.83B |
| UNITED KINGDOM | 12.8% | $857.0M | +10.7% | — | $551.0M | $620.0M | $734.0M |
| GERMANY | 7.7% | $515.0M | +0.4% | — | — | $662.0M | $613.0M |
Source: company filings via FMP. YoY compares the same fiscal period a year earlier.